Asia-Pacific
Currency
VND
Corporate Tax
20%
Personal Income Tax
35%
VAT / GST
10%
Standard 20%; 32-50% for oil/gas; 40-50% for mineral; 15% SME & specific sectors.
Top rate 35% above VND 960m/year; 5-35% scale.
Standard 10%; 8% reduced (temporary until 2024); 5% certain; 0% exports.
Dividends
5%
Interest
5%
Royalties
10%
Rates shown are statutory; treaty networks may reduce withholding significantly. Verify against the relevant double-tax agreement.
Total ~21.5% (employer 17.5% + employee 8%); pension 14% (employer), health 3% (employer), unemployment 1% (split); capped.
Capital Gains Tax
20% companies; 0.1% transfer (individuals)
Inheritance / Estate Tax
10%
Capital (Net Worth) Tax
0%
Property Tax
Non-agricultural land use tax
Rates are indicative headline figures and may omit holding-period exemptions, regional variation, and surcharges. Verify against current law before relying on them.
Treaties in force
~80
Key partners: Japan, Singapore, China, UK, France, Germany
Broad network; withholding typically 5%–10%.
Treaty counts are approximate and change as agreements are signed, ratified, or terminated. Verify the status and withholding rates under the specific treaty before relying on them.
Calendar year
Notes
Pillar Two 15% top-up for MNEs >€750m (2024). Incentives: 0% CIT for high-tech/education 4-15 years.
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